3 Room (3NG) HDB for Rent in 202 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $68,502, translating to a price per square foot (PSF) of $623. This valuation is reflective of the current market dynamics, where it holds a market price that shows no deviation from the baseline, indicating a stable yet cautious sentiment among potential buyers and sellers in the region.

Despite the robust performance of the HDB market in Singapore, the model confidence for this specific valuation is categorized as low. This rating stems from the reliance on a limited dataset, with only three recent HDB resale transactions in the vicinity serving as the basis for analysis. It is crucial to consider that while the remaining lease of 75 years is favorable, the overall market conditions and buyer perceptions can significantly influence real estate values. Investors should remain vigilant of emerging trends and shifts in the HDB landscape, particularly in high-demand areas like Tampines.